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Industry: US government-held $6.50 billion bitcoin sale must follow strict process

"Basically, the recent court approval is the normal procedure for any civil forfeiture," said Aidan Larkin of Asset Reality in response to a question about US government bitcoin. "And it doesn't mean the US is going to hit the sell button right away. Bitcoin sales have to follow a very strict process." He added: "At some point in the future it will go through the normal government process. There will be a civil forfeiture application hearing. They will be granted and then it will go through the ...

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2025-01-11 15:58:06